extract: 2024-08-28-futardio-proposal-a-very-unique-title-some-say-its-really-unique
Pentagon-Agent: Ganymede <F99EBFA6-547B-4096-BEEA-1D59C3E4028A>
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@ -58,6 +58,8 @@ The futarchy governance protocol on Solana. Implements decision markets through
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- **2024-03-02** — [[metadao-increase-meta-liquidity-dutch-auction]] passed: completed Dutch auction and liquidity provision, moving all protocol-owned liquidity to Meteora 1% fee pool
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- **2025-01-27** — [[metadao-otc-trade-theia-2]] proposed: Theia offers $500K for 370.370 META at 14% premium with 12-month vesting
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- **2025-01-30** — [[metadao-otc-trade-theia-2]] passed: Theia acquires 370.370 META tokens for $500,000 USDC
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- **2024-08-28** — [[metadao-create-futardio]] proposed: Should MetaDAO develop Futardio memecoin launchpad with $100k grant?
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- **2024-09-01** — [[metadao-create-futardio]] failed: Community rejected Futardio development, prioritizing serious governance reputation over memecoin distribution strategy
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## Key Decisions
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| Date | Proposal | Proposer | Category | Outcome |
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|------|----------|----------|----------|---------|
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@ -6,9 +6,13 @@ url: "https://www.futard.io/proposal/GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVt
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date: 2024-08-28
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domain: internet-finance
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format: data
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status: unprocessed
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status: enrichment
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tags: [futardio, metadao, futarchy, solana, governance]
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event_type: proposal
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processed_by: rio
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processed_date: 2026-03-11
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extraction_model: "anthropic/claude-sonnet-4.5"
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extraction_notes: "This is a failed governance proposal, not a product launch. The proposal is significant as a strategic decision point for MetaDAO about brand positioning (serious governance vs. memecoin distribution). No new claims extracted because the proposal itself doesn't contain novel mechanism insights - it's an application of existing futarchy concepts to a specific use case. The decision_market entity captures the governance dynamics. Note: Futardio was later developed independently (see futardio.md entity), making this rejection historically interesting as it shows the idea originated within MetaDAO but was pursued outside after community rejection."
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---
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## Proposal Details
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@ -353,3 +357,12 @@ This would all be left to the discretion of the team building it, but they would
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- Autocrat version: 0.3
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- Completed: 2024-09-01
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- Ended: 2024-09-01
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## Key Facts
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- Futardio proposal created 2024-08-28, failed 2024-09-01
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- Proposal account: GugKjNpirFNaaRkEStRKGJPnutptsnTA3XuCJ8nwaVtK
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- Proposer account: Bg4Wmk8QqctppeUGYubGfqBfvf5wUNeHj43kdJV1GeP8
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- Proposed $100k grant over 6 months for Futardio development
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- Target launch: Q3 2024
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- Platform design: memecoin launchpad with futarchy DAO allocation, points-to-$FUTA conversion within 180 days, immutable deployment on IPFS/Arweave
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